Monday, June 4, 2012

Argentina orders oilseed strike suspension


    Argentina's government has ordered union leaders to suspend a planned pay strike by oilseed-crushing workers in the grains export hub of Rosario and hold talks with bosses, according to reports.
    High inflation has made labor protests more frequent in the South American country, the world's number one exporter of soyoil and soymeal and the third-biggest supplier of uncrushed soybeans. Union leader Pablo Reguera has said that his members will respect the government's decision.
    Compulsory conciliation forces strikers to go back to work for 15 days initially. If no deal is reached at the end of the two weeks, the government can order an extension.

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